UPI transactions surge 29% at 21.63 bn in Dec, consumption growth remains strong

New Delhi: The unified payments interface (UPI) saw 29 per cent transaction count growth (year-on-year) at 21.63 billion in the month of December — along with registering 20 per cent annual growth in transaction amount at Rs27.97 lakh crore, the National Payments Corporation of India (NPCI) data showed on Thursday.

Month-wise, the UPI transaction count as well as amount grew significantly too.

Average daily transaction amount in December stood at Rs90,217 crore, up from Rs87,721 crore in November, the NPCI data showed.